Industry News from Conferencing

[April 04, 2017]

Pareteum Strengthens Sales Organization with Industry Veteran to Lead and Grow Worldwide Sales

NEW YORK, April 4, 2017 /PRNewswire/--Pareteum Corporation (NYSE MKT: TEUM) ("Pareteum" or the "Company"), a leading communications technology provider to global Mobile, MVNO, Enterprise and IoT markets, today announced from the 2017 Incompas Show, a leading trade conference for communications and technology companies, that Robert Mumby has joined the Company as SVP of Worldwide Sales.

Mr. Mumby is a seasoned communications industry sales executive with over 20 years of experience in building successful, profitable businesses. Most recently, Mr. Mumby was Director of Global Connectivity for Twilio, Inc., the cloud communications platform as a service company. Under Mr. Mumby's leadership, Twilio improved its underlying costs structure and created an opportunity for exponential sales growth. Prior to Twilio, Rob held senior sales positions in the global mobile and VOIP industry with industry leaders including TELUS, Qwest Communications and ITXC Corporation where he had a track record of strong incremental and strategic sales growth and leading teams to over perform.

Vic Bozzo, Chief Executive Officer of Pareteum stated, "We are very pleased to welcome Rob Mumby as our SVP of Worldwide Sales. Rob brings a wealth of carrier, enterprise and Silicon Valley OTT (over the top) relationships and a strong knowledge of what it takes to lead a team in the global mobile telecommunications market, as well as expertise that strategically fits with our growth agenda. We look forward to driving new customer relationships through Rob and his team, particularlyas we continue the build-out of our cloud services platform aimed at the growing wireless subscriber opportunity."

"I am excited to join Pareteum at this time because the market is accelerating and Pareteum is competitively positioned for leadership with its software and services platform. I look forward to leveraging my relationships to sell and build out the global sales team to capitalize on this opportunity. The demand is growing for MVNE (Mobile Virtual Network Enablement) services from all types of wireless, fixed line and Next Generation Application Providers and particularly with the Global Mobility Cloud we now have a way to reach more subscribers and wireless devices," said Mr. Mumby.

About Pareteum Corporation:Pareteum Corporation, and its subsidiaries provide a complete mobility cloud platform, utilizing messaging and security capabilities for the global Mobile, MVNO, Enterprise and IoT markets. For more information please visit: www.pareteum.com.

Forward-Looking Statements:Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Pareteum's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about Pareteum's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of Pareteum may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Pareteum also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from those projected or suggested in Pareteum's filings with the Securities and Exchange Commission, copies of which are available from the SEC or may be obtained upon request from Pareteum.

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